| Term | Bank Rate | Our Rate |
| 1 Year | 3.14 % | 1.69 % |
| 2 Year | 3.19 % | 1.54 % |
| 3 Year | 3.49 % | 1.54 % |
| 4 Year | 3.74 % | 1.79 % |
| 5 Year | 4.59 % | 1.89 % |
| 7 Year | 5.35 % | 2.44 % |
| 10 Year | 5.60 % | 2.89 % |
This is an article by Benjamin Tal, one of CIBC’s top economists who answers this question. I found it to be a great write up that expresses the differences between the US and Canadian housing economies. “House prices in Canada will probably fall in the coming year or two, but any comparison of the American
Transcript of Video: Hi, everybody. Rowan Smith with the Mortgage Centre. I want to talk today about a change that was announced that’s been swept under the radar, and that’s that TD Bank has announced their mortgages will now be a collateral charge. Now what a collateral charge is, it differs than a traditional mortgage
HELPFUL TIPS ON SPEEDING UP A MORTGAGE APPROVAL Find all your tax info for the last 2 years (just in case we need to use overtime income, part time income etc or if you’re self employed. Ensure your cheques (used for the pre-authorized withdrawals and account ownership confirmations) are pre printed and not blank
